Barbour ABI updates construction forecast
Cheshire Oaks-based construction data provider Barbour ABI has published updated details of the government's £109bn contracts pipeline up to 2020.
The Government Construction Pipeline is reviewed every six months to ensure new opportunities are reflected and more details are provided as they emerge. It has now been updated following the Spending Round for 2015/16 to include further programmes and projects up to 2020 and beyond.
Barbour ABI said this version of the pipeline contained the largest amount of proposed construction projects ever published and included opportunities related to investment in infrastructure across government as set out in Investing in Britain's Future. Programmes covered include:
- £3.3bn to build 165,000 affordable new homes in England over the next three years
- £370m in 2015/16 for the long-term funding settlement for flood defences
- £40bn commitment to build High Speed 2
- Trebling annual investment in major road schemes by 2020/21 compared to today's levels
The new interactive portal to help suppliers access the Construction Pipeline data in a simple and accessible format can be accessed directly from www.uk-cip.org.uk. Hosted by HM Government's private sector partner Barbour ABI, the portal features a timeline and map view of government construction projects.
